Land to the rear of 158A Gartocher Road, Glasgow, G32 0HF
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Land
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Description
Online Property Auctions Scotland are delighted to present this fantastic development opportunity in Glasgow's East End.
Fabulous Opportunity to acquire a site with incredible possible development potential to build a fantastic commercial development in a sought-after Glasgow location - Subject to obtaining all consents.
Potential to create a small scale commercial enterprise on site - possibly containers or garages which could rent for up to £150pcm. 15 containers could provide revenue of £2,250pcm/£27,000pa - an incredible yield of 69% at Guide Price with your money returned in less than two years.
Nearby allotments are in constant demand. Any change of use would be subject to planning.
We understand that the site may have previously benefitted from having planning permission for a residential development (now lapsed). All enquiries should be made to Glasgow City Council.
Nearby Sales: 10 Gartocher Dr Sold £167k (Nov 21)*** 47 Albany Ave Sold £140k (Nov 21)*** 6 Albany Ave Sold £205k (Sept 21)*** 8 Springboig Rd Sold £230k (May 21)*** 26 Hallhill Rd Sold £295,100 (Jan 21)***
Strong Residential Location: Central district with a number of substantial modern housing developments nearby. The property benefits from having excellent transport links being close to train stations, major bus routes & both the M8 / M74 motorways.
Established East End location benefitting from having a number of modern housing developments nearby. The property sits to the rear of residential accommodation & nearby commercial premises with minimal frontage on a main arterial road within popular residential district. Opposite modern styled housing development. The site offers a number of potential uses and is an excellent acquisition for investors and developers. Perfect possible opportunity for a local builders yard and office. SELF BUILD HOUSING POTENTIAL (subject to planning). Affordable Freehold Property in excellent location. Fantastic Location: The property benefits from having excellent transport links being close to train stations, major bus routes & both the M8 / M74 motorways.
Purchases are subject to a Buyer's Premium. There may also be additional fees on certain properties. Please refer to the Articles of Roup/Special Conditions in the Legal pack to confirm.
Brochures
Legal DocumentsOnline BiddingLand to the rear of 158A Gartocher Road, Glasgow, G32 0HF
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Shettleston Station0.2 miles
- Carntyne Station1.0 miles
- Garrowhill Station1.0 miles
About the agent
Online Property Auctions Scotland Limited, Glasgow
272 Bath Street, Glasgow, G2 4JR
Industry affiliations
Notes
Disclaimer - Property reference 246954. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Online Property Auctions Scotland Limited, Glasgow. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Online Property Auctions Scotland Limited, Glasgow on 0141 673 1042.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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